Question

Why do experts agree that small-business management and large-business management are similar in practice?

Answer 1

Experts agree that small-business management and large-business management are similar in practice because all types of business has the same needs in order to function properly. No matter how it is or big it is good management of every aspect in the business will make it successful. Hope this helps.

Answer 2

I believe the answer is: Similar to large businesses, small business have concerns about obtaining capital and good marketing and management practices

The only difference between the two is the methodology.

Large businesses could afford to obtain larger amount of capital in a large scale by selling stocks, which make them have money to pay large marketing campaign. Small businesses on the other hand tend to have rely on private investor and could only afford to pay small targeted marketing.